29742 Carmague Lane, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
ACTIVE$680,000
29742 Carmague Lane, Menifee, California 92584
4Beds
3Baths
2,650Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($645,575.03) is $34,424.97 (5%) lower than the list price ($680,000). This property may be overpriced.
Key pros and cons
Top Pros:
Assumable VA Loan: The availability of a 4.75% VA assumable loan presents a significant financial advantage for eligible buyers in the current interest rate environment, potentially saving them substantial interest over the loan term.
Top Cons:
Reduced Garage Functionality: The partial conversion of the tandem garage into a flex room diminishes its traditional use for parking or extensive storage, potentially limiting its appeal to buyers needing full garage capacity.
Compared to the nearby listings
Price:$680.0K vs avg $630.0K (+$50,000)67%
Size:2,650 sqft vs avg 2,263 sqft68%
Price/sqft:$257 vs avg $28231%
More Insights
Built in 2018 (7 years old).
Condition: Built in 2018, this property is only 6 years old and presents in virtually new condition. The kitchen features modern dark cabinetry, white quartz countertops, a large island, and stainless steel appliances, all in excellent, contemporary style. Bathrooms are equally modern with dual vanities and clean, updated finishes. The home boasts an open layout, wood-look flooring downstairs, recessed lighting, and is described as 'move-in ready' and 'well-maintained' with no visible signs of wear or deferred maintenance, meeting current quality standards.
Year Built
2018
Close
-
List price
$680K
Original List price
$699K
Price/Sqft
$257
HOA
$29
Days on market
-
Sold On
-
MLS number
SW25176064
Home ConditionExcellent
Features
Patio
View-
About this home
4.75% VA ASSUMABLE LOAN AVAILABLE! Move-in Ready Home in Desirable Centennial Community! This well-maintained 4 bed + loft, 3 full bath home includes a downstairs bedroom and full bath—perfect for guests or multi-gen living. Spacious open layout with large kitchen, oversized island, quartz counters, walk-in pantry, and stainless farmhouse sink. Upstairs features a loft, large laundry room, and a spacious primary suite with a huge walk-in closet. The backyard is hardscaped and includes a covered California room for indoor/outdoor living. A tandem garage has been partially converted into a studio-style flex room, ideal for a home office, game room, or guest space. Low HOA ($29/mo). Walk to parks and schools. Minutes from shopping, dining, and freeway access!
Condition Rating
Excellent
Built in 2018, this property is only 6 years old and presents in virtually new condition. The kitchen features modern dark cabinetry, white quartz countertops, a large island, and stainless steel appliances, all in excellent, contemporary style. Bathrooms are equally modern with dual vanities and clean, updated finishes. The home boasts an open layout, wood-look flooring downstairs, recessed lighting, and is described as 'move-in ready' and 'well-maintained' with no visible signs of wear or deferred maintenance, meeting current quality standards.
Pros & Cons
Pros
Assumable VA Loan: The availability of a 4.75% VA assumable loan presents a significant financial advantage for eligible buyers in the current interest rate environment, potentially saving them substantial interest over the loan term.
Flexible Living Arrangements: The home features a highly desirable downstairs bedroom and full bath, ideal for multi-generational living, guests, or a private home office, complemented by an upstairs loft for additional versatile space.
Modern Kitchen & Open Concept: Boasts a spacious open layout with a large, well-appointed kitchen featuring an oversized island, quartz counters, a walk-in pantry, and a stainless farmhouse sink, appealing to contemporary lifestyles and entertaining.
Enhanced Outdoor & Flex Space: Offers a hardscaped backyard with a covered California room for seamless indoor/outdoor living, plus a partially converted tandem garage providing a valuable studio-style flex room for various uses like an office or game room.
Desirable Community & Low HOA: Located in the well-regarded Centennial Community with convenient access to parks, schools, shopping, dining, and freeways, all while benefiting from a very low HOA fee of just $29/month.
Cons
Reduced Garage Functionality: The partial conversion of the tandem garage into a flex room diminishes its traditional use for parking or extensive storage, potentially limiting its appeal to buyers needing full garage capacity.
Limited Green Space in Backyard: The fully hardscaped backyard, while low-maintenance, lacks traditional lawn or garden areas, which may not suit buyers desiring more natural green space or gardening opportunities.
Lack of Scenic Views: The property explicitly states 'View: None,' which could be a significant detractor for buyers who prioritize or expect scenic outlooks, especially in a region where views can be a premium.